iPhone 5, iPad 2 to support mobile payments using NFC

According to a report from Bloomberg Tuesday morning, Apple plans to add a mobile payment feature to future iOS devices. The service, which utilizes a Near-Field Communication chip and a software solution, will be integrated into Apple’s next-generation iPhone and iPad, the report says. The source of this new information is Richard Doherty, director of consulting firm Envisioneering Group, who claims both the iPhone 5 and iPad 2 will launch this year with integrated NFC functionality. Apple is known to have hired various NFC experts in recent history, and it holds several patents surrounding the technology. The company could theoretically have a much easier time than its competitors building a successful mobile payment service thanks to the millions of credit cards associated with iTunes it already has on file. Future iPhone users could simply enter their iTunes passwords a single time and accept a license agreement, and the service would then be enabled and ready for use. The key to the success of NFC-based mobile payments, however, is integration on the vendor side. Without a universal processing solution and widespread retailer adoption, the future of these solutions in the U.S. and other emerging NFC markets is a bleak one.

Tasty…though I don’t imagine I’ll be toting around my iPad to make payment any time soon.

http://tehbeardlife.tumblr.com/ TehBeardMan

I think we are still a few years out from widespread use of NFC. Not to mention the percentage of people who actually have smartphones, then break that down to the number of people that will have NFC. I just don’t see many vendors paying any attention to this for a while.

Cskinner75

That’s pointless and stupid. Looks like for more of an opportunity for the bad guys to steal your information.
I’m not that lazy, ill just get my credit card out. Thanks but no thanks!

Donny

NFC is retarded and I will never use it. Apple, shouldn’t waste their time and money. Let Android manufactures clutter their garbage devicws with this so they can add it to their dork targeted spec lists on devices crippled by a fragmented OS.

Tim242

I’m just curious. How does fragmentation adversely affects Droids, or my Evo? I’d love to know the answer to this.

Apple Fanboy

IPhone 5 is gonna be sweet!

serpentor

Once again, Apple is innovating and the first to market with NFC!

This changes EVERYTHING.

Ignatz Krebz

I hate to burst your bubble, but this was a quote from a similar article:

“A NFC chip already appears in the Google Nexus S, which debuted in the U.S. on Dec. 16. The chip allows for short-range wireless data transmissions for a variety of potential activities, including an “e-wallet.”

Anonymous

LOL…You are kidding right?

Grandhustler619

lmao wow man dont speak unless you know whats going, apple steals every idea from android nfc chip already exist in the nexus s, they copied multi tasking now tethering?? wow and i still dont know why people think apple is the number one in technology, google spends more money than apple does and invest on everything

Anonymous

WOOHOO… Another Android feature coming to the next iPhone…

Anonymous

how is it an android feature? NFC has been in phones in japan for years. Nexus S just put in their phone….but breaking news: The general public doesn’t give a shit about the Nexus S so its as useless as you being born

Myc

it’s about freakin’ time. why is it on apples back to come out with all the common sense technology??

Larrythomas0505

Can’t wait!!

Anonymous

Magical. Revolutionary. Worldwide first!

QNX Please

I can just imagine how douchy the hipsters would look waving their iPad over a pay terminal at Starbucks, just to show people who really don’t care, that they can.

Kel

Remote wipe, genius.

Steve Hillshire

Donny, Donny Donny. Why must you be such an angry young man? NFC and mobile payments are projected to explode over the next 10 years. Credit cards which haven’t been updated in decades are one of the biggest sources of fraud around. A secure mobile payment system with some kind of randomized security per transaction is what people have been trying to achieve for years. Chip forms of this are already popular elsewhere. It is only natural for it to come to phones which become more numerous every second. Doesn’t matter that Apple is showing up late, its just good to see the support from a consumer side.

douche

now let’s see how fast a hacker comes up with a way to steal all the info off your iphone or android for that matter. they do it with chipped credit cards now, couldn’t be too hard to get it off cell phones.

http://twitter.com/Syk0Matik420 Beefy McBigDick

This is stupid as hell. How many morons lose their phones every day? Millions. Now they can lose their credit info and personal info with it. You know some genius hacker somewhere is already working out a loophole for that sh*t. I just dont see this taking off. Maybe it works in Japan but Americans are the exact opposite of Japs in many areas. This is a stupid idea though. Hope Apple knows what they are doing. and I hope the apple sheep who buy up everything apple does are prepared for disappointment

http://twitter.com/Syk0Matik420 Beefy McBigDick

@Donny you’re an idiot and a prime example of a moronic apple fanboy. Android users dont want anything from Crapple. Android destroys iOS in every way imaginable and its still in its infancy. how sad for you. you can only afford an iphone. lol. what a loser. whats it like living with mommy and daddy at 45 years old? iphone faggggggggggooootttt

http://www.vdw-subsidiedesk.nl/erd.htm erd

Maybe in a phone it would be something that might work (if it is safe enough) but in an ipad I wonder if it would be easy to use.